Effectiveness of Compensation Systems in Enhancing Employee Retention: An Empirical Study

Pradeep, S. Ragul

doi:https://doi.org/10.55041/ijcope.v2i4.085

Volume 02, Issue 04

Published on: April 2026

EFFECTIVENESS OF COMPENSATION SYSTEMS IN ENHANCING EMPLOYEE RETENTION: AN EMPIRICAL STUDY

S. Ragul Pradeep

Dr. R. Suyam Praba

School of Management Studies Karpagam College of Engineering Coimbatore Tamil Nadu

DOI:https://doi.org/10.55041/ijcope.v2i4.085

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Plagiarism Passed Peer Reviewed Open Access

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Abstract

This study looks at how compensation and benefits management systems affect employee satisfaction and performance. It uses primary data gathered from 200 employees, along with supporting information from other sources. The research centers on salary structure, incentives, benefits, and how employees view pay fairness. The findings show that the compensation structure, bonuses, and benefits significantly motivate employees and improve job performance. Fairness in pay, which received many positive responses, along with benefits like health insurance and retirement plans, adds to employee satisfaction. Still, issues like a lack of transparency and a weak connection between performance and rewards remain. The study concludes that a good compensation system can enhance organizational efficiency and employee commitment.

Keywords: Compensation and Benefits, Pay Fairness, Employee Performance, HRM, Motivation.

How to Cite this Paper

Pradeep, S. R. (2026). Effectiveness of Compensation Systems in Enhancing Employee Retention: An Empirical Study. International Journal of Creative and Open Research in Engineering and Management, <i>02</i>(04). https://doi.org/10.55041/ijcope.v2i4.085

Pradeep, S.. "Effectiveness of Compensation Systems in Enhancing Employee Retention: An Empirical Study." International Journal of Creative and Open Research in Engineering and Management, vol. 02, no. 04, 2026, pp. . doi:https://doi.org/10.55041/ijcope.v2i4.085.

Pradeep, S.. "Effectiveness of Compensation Systems in Enhancing Employee Retention: An Empirical Study." International Journal of Creative and Open Research in Engineering and Management 02, no. 04 (2026). https://doi.org/https://doi.org/10.55041/ijcope.v2i4.085.

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Ethical Compliance & Review Process

•All submissions are screened under plagiarism detection.
•Review follows editorial policy.
•Authors retain copyright.
•Peer Review Type: Double-Blind Peer Review
•Published on: Apr 05 2026

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